April 2021
Full Report
A year into the coronavirus (COVID-19) pandemic, the race between vaccine and virus entered a new phase in the Middle East and Central Asia region, and the path to recovery in 2021 is expected to be long and divergent. The outlook will vary significantly across countries, depending on the pandemic’s path, vaccine rollouts, underlying fragilities, exposure to tourism and contact-intensive sectors, and policy space and actions. Public gross financing needs in most emerging markets in the region are expected to remain elevated in 2021–22, with downside risks in the event of tighter global financial conditions and/or if fiscal consolidation is delayed due to weaker-than-expected recovery. 2021 will be the year of policies that continue saving lives and livelihoods and promote recovery, while balancing the need for debt sustainability and financial resilience. At the same time, policymakers must not lose sight of the transformational...
- The recovery from the COVID-19 crisis continues, albeit with uncertainty and varying prospects across countries. Rapid and global access to effective vaccines and therapies remains critical to fostering inclusive growth. Join this debate on the global economic outlook.
Join the conversation via #GlobalEcon
- .@KGeorgieva at the #FiscalForum: If we are successful as a global community to accelerate vaccinations, we may be able to accelerate the recovery. But it is also inevitable to concentrate our attention on the #climatecrisis that is looming and for some already present. https://t.co/TRteL8kM4i
IMF Mon 12 Apr 2021 01:37 From early on in the pandemic, the IMF’s advice to its members has been, “spend what you need, but keep the receipts.” With support from the Fund, countries have responded to the COVID emergency with a range of programs to address health, social, and economic impacts. Strengthened transparency and accountability arrangements were rapidly put in place, even as countries introduced innovations to enable expedited spending and delivery of services while confronting the pandemic. From early on in the pandemic, the IMF’s advice to its members has been, “spend what you need, but keep the receipts.”
The receipts are now coming in—information is now available on how money has been utilized, revealing binding governance constraints on effective public spending and service delivery and which innovations have proven to boost effectiveness. As this process gains speed, government officials will be challenged to learn from the positive adaptations that emerged out of the...
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- RT @IMFSpokesperson: From today’s press briefing: I provided updates and answered questions on SDRs, Ukraine, Argentina, Pakistan, Lebanon,… IMF Thu 25 Mar 2021 17:10
- RT @ian_goldin: I am greatly looking forward to this conversation with @KGeorgieva of @IMFNews regarding how to overcome the devastation ca… IMF Thu 25 Mar 2021 16:25
- RT @CFR_org: .@IMFNews's @KGeorgieva joins us for a live event on 3/30. Do you have questions about the post-pandemic economy? Comment be… IMF Wed 24 Mar 2021 20:24
- RT @KGeorgieva: We all have to lean forward on #climateaction. To do so effectively, institutions must bring their comparative advantages… IMF Wed 24 Mar 2021 17:59
- RT @IMFLive: .@KGeorgieva: It takes international cooperation to tackle #climatechange. The IMF will play its part to ensure the world move… IMF Wed 24 Mar 2021 16:49
- RT @IMFLive: .@KGeorgieva: This is the decade when we all have to lean forward on #climateaction. From each and every perspective we must A… IMF Wed 24 Mar 2021 16:49
- RT @KGeorgieva: Great news: IMF Executive Directors conveyed broad support for considering an SDR allocation of ~$650 billion! Key step… IMF Tue 23 Mar 2021 23:18
- RT @KGeorgieva: Very good meeting with Minister Guzmán on Argentina’s economic situation and the road ahead. Our teams are working toget… IMF Tue 23 Mar 2021 22:48
- RT @IMF_inEU: STARTING NOW: Join the online #CBAMforClimate conference feat. Vitor Gaspar, Director of the IMF Fiscal Affairs Department, o… IMF Tue 23 Mar 2021 15:08
- RT @KGeorgieva: Trade must be at the heart of efforts to recover from the crisis. Managed well, it can lift growth and living standards i… IMF Tue 23 Mar 2021 14:43
- RT @IMFLive: .@KGeorgieva: The outlook for the economy is improving: thanks to extraordinary actions by governments, trade, vaccines, and o… IMF Tue 23 Mar 2021 14:43
- RT @IMF_inEU: Tune in today to learn more about Carbon Border Adjustment Mechanism. IMF’s Vitor Gaspar will join a panel discussing the ris… IMF Tue 23 Mar 2021 12:23
- RT @IMF_inEU: How can we achieve a just transition to an economy with net zero emissions? On March 24, @KGeorgieva’s shares her thoughts… IMF Tue 23 Mar 2021 12:23
- RT @DGTresor: #CBAMforClimate | 1st session of the conference will discuss carbon leakage: a proven and quantifiable threat to climate ambi… IMF Mon 22 Mar 2021 18:12
- RT @gwsokamoto: #China's economy has rebounded strongly but consumer spending is still lagging. We expect consumption to catch up, but risk… IMF Mon 22 Mar 2021 13:22
- RT @KGeorgieva: Heartfelt congratulations to @SuluhuSamia, first woman President of Tanzania! Wishing all the best to you and the people… IMF Fri 19 Mar 2021 16:44
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